Gross value added at basic prices (GVA) in South Africa
South Africa: Gross value added at basic prices (GVA) was 334.00 billion constant 2015 US$ in 2025. ▲ Rising
Gross value added at basic prices (GVA) in South Africa, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
The most recent figure for gross value added at basic prices (gva) in South Africa is 334.00 billion constant 2015 US$, measured in 2025. That is the highest value across all 66 years on record.
The figure is up 1.2% on the previous year and up 7.0% over ten years.
Over the whole period, gross value added at basic prices (gva) in South Africa peaked at 334.00 billion constant 2015 US$ in 2025 and was at its lowest, 60.95 billion constant 2015 US$, in 1960.
That places South Africa 40th out of 193 countries with data for 2025, putting it in the top quarter.
The long-run direction has been consistently rising across the 66 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 78.99 billion constant 2015 US$ | 60.95 billion constant 2015 US$ | 99.42 billion constant 2015 US$ | 10 |
| 1970s | 120.92 billion constant 2015 US$ | 104.55 billion constant 2015 US$ | 136.44 billion constant 2015 US$ | 10 |
| 1980s | 154.91 billion constant 2015 US$ | 144.82 billion constant 2015 US$ | 167.34 billion constant 2015 US$ | 10 |
| 1990s | 173.59 billion constant 2015 US$ | 160.59 billion constant 2015 US$ | 191.00 billion constant 2015 US$ | 10 |
| 2000s | 238.14 billion constant 2015 US$ | 199.41 billion constant 2015 US$ | 277.32 billion constant 2015 US$ | 10 |
| 2010s | 307.46 billion constant 2015 US$ | 281.34 billion constant 2015 US$ | 324.44 billion constant 2015 US$ | 10 |
| 2020s | 324.00 billion constant 2015 US$ | 305.67 billion constant 2015 US$ | 334.00 billion constant 2015 US$ | 6 |
Countries ranked near South Africa
- 37 Bangladesh 337.32 billion constant 2015 US$ compare
- 38 Hong Kong 335.83 billion constant 2015 US$ compare
- 39 Colombia 335.09 billion constant 2015 US$ compare
- 41 Denmark 329.89 billion constant 2015 US$ compare
- 42 Chile 266.52 billion constant 2015 US$ compare
- 43 Kazakhstan 246.80 billion constant 2015 US$ compare
More economy & growth data for South Africa
- DEC alternative conversion factor 17.89 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -34.59 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) -1.93 billion current US$ (2025)
- Taxes less subsidies on products 765.44 billion current LCU (2025)
- Taxes less subsidies on products 42.79 billion current US$ (2025)
- Net primary income (Net income from abroad) -146.54 billion current LCU (2025)
- Net primary income (Net income from abroad) -8.19 billion current US$ (2025)
- GNI per capita 115,762 current LCU (2025)
- GNI per capita, Atlas method 6,270 current US$ (2025)
- GNI 7.50 trillion current LCU (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) in South Africa?
- Gross value added at basic prices (gva) in South Africa was 334.00 billion constant 2015 US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross value added at basic prices (gva) recorded in South Africa?
- The highest recorded value was 334.00 billion constant 2015 US$ in 2025.
- What is the lowest gross value added at basic prices (gva) recorded in South Africa?
- The lowest recorded value was 60.95 billion constant 2015 US$ in 1960.
- How does South Africa rank for gross value added at basic prices (gva)?
- South Africa ranks 40th out of 193 countries with data for 2025.
- Is gross value added at basic prices (gva) rising or falling in South Africa?
- Over the last ten years it is up 7.0%. The long-run trend across the full record is rising.
- Where does this South Africa data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross value added at basic prices (GVA) (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 66 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.